German dealership Sternauto opens BYD store in Berlin
By Victoria Waldersee and Annegret Hilse BERLIN (Reuters) – Chinese EV giant BYD’s five models on sale in Germany will be showcased at a new BYD-only store in Berlin run…
China’s BYD forecasts 2023 net profit to rise as much as 86.5% y/y
By Ethan Wang, Zhang Yan, Ella Cao and Ryan Woo BEIJING (Reuters) – Chinese electric vehicle (EV) giant BYD said on Monday it expects net profit in 2023 to have…
Musk’s X aims to hire 100 content moderators in Austin by end of year
By Sheila Dang (Reuters) – Social media company X is in the process of hiring 100 content moderators for a new office in Austin, Texas that will focus on fighting…
In EV catch-up race, legacy automakers hitch a lift with Formula E
By Nick Carey LONDON (Reuters) – Legacy automakers playing catch-up with EV leaders like Tesla are leaning on their Formula E electric racing teams for innovations to build better mass-production…
DeepMind: robotic constitution wants to avoid human accidents
DeepMind: We do not see them, but robots are increasingly present within companies, which use them to perform certain tasks to save time compared to manual activities. From large-scale distribution…
Panasonic puts productivity boost ahead of new EV plant in US
By Daniel Leussink and Miho Uranaka TOKYO (Reuters) – Panasonic’s battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the Tesla supplier may hold off…
How BYD became the world’s leading producer of electric cars
The new year starts with a surprise in the electric car market, as Tesla is no longer the leading global manufacturer. It was overtaken by BYD (short for Build Your Dreams),…
China’s BYD launches 3 EV models in Indonesia
By Stefanno Sulaiman JAKARTA (Reuters) – China’s BYD, the world’s biggest electric vehicle maker, unveiled three battery EV models in Indonesia on Thursday as it seeks to expand its presence…
Honeywell’s quantum computing firm valued at $5 billion after latest fundraise
By Aishwarya Jain (Reuters) – Honeywell International said on Tuesday its quantum computing company, Quantinuum, was valued at $5 billion after a $300 million equity funding round, anchored by JPMorgan…
Volkswagen and rivals plug away at solid-state battery puzzle
By Eric Onstad and Paul Lienert LONDON/DETROIT (Reuters) – Volkswagen, whose drive to develop a “solid-state” electric car battery with U.S. startup QuantumScape has been dogged by delays, is casting…